A loan of $650 helped a member buy fertilizer and rice seeds.

Hak's Group's story

Hak, 47, lives in a rural village in the Sangke district of Battambang province, Cambodia. She is married and has six children, four of whom are dependent on her and still in school. She earns a living through farming rice and planting oranges to complement the family’s income. She has been involved in this business for twenty years and can earn about KHR 30,000 and save around KHR 10,000 after deducting daily expenses for future needs. Low crop yield is still the main challenge for her.

Hak received her first microloan from Kiva’s partner VisionFund one cycle ago, while the other member has been with VisionFund for two cycles. With success and in a smart manner, she has used her previous loan to better support her current business progressively. Now she and her group member are applying for a loan of KHR 1,200,000 and KHR 1,400,000 respectively. Hak, who is the leader, will use her portion to buy fertilizer and rice seeds for cultivating her farmland. She hopes her crop yield will become more profitable so as she can obtain a better lifestyle and keep her children in school.

In this group: Hak, Sophan

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